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Geranium Oil Market: The global market is expected to grow at a CAGR of 8.7% during the forecasted period.

03-04-2024 11:51 PM CET | Food & Beverage

Press release from: Evolve Business Intelligence

Geranium Oil Market: The global market is expected to grow at

As per the study initiated by Evolve Business Intelligence, the global Geranium Oil Market size accounted for USD 0.95 billion in 2022, growing at a CAGR of 8.7% from 2023 to 2033. The Geranium Oil Market involves the production and sale of oil extracted from the leaves, flowers, and stems of the geranium plant, known for its non-toxic and non-sensitizing properties. The global market size was valued at USD 73,835.10 thousand in 2022 and is projected to reach USD 136,595.10 thousand by 2030, with a growth rate of 6% from 2022 to 2030. This market is driven by factors such as the increasing demand for luxury cosmetics, aromatherapy products, and essential oils, along with rising interest in preventive healthcare and the therapeutic properties of geranium oil.

The Geranium Oil Market is driven by several factors, including the increasing popularity of natural beauty products, the growing demand for aromatherapy, and the expanding use of essential oils in the food and beverage industry. Other drivers include the rising awareness of the benefits of using natural products, the growing preference for environmentally friendly products, and the potential for new applications in the future

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Key Highlights:
• The global Geranium Oil Market size was valued at USD 0.95 billion in 2022 growing at a CAGR of 8.7% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to grow at the highest CAGR from 2023 to 2033

Evolve Business Intelligence has just unveiled its latest market research report focusing on the Global Geranium Oil Market. This comprehensive report delves into various facets of the market, including market size and projections, market dynamics, competitor market share analysis, market value and volume, SWOT analysis, product comparisons, recent advancements by major players, and prospective opportunities. Furthermore, the market's evaluation in the dynamic chapter considers four key indicators: Drivers, Constraints, Emerging Trends, and Challenges..

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Key Players
Some of the major Geranium Oil Market players holding high market shares include Berjé Inc., De Monchy Aromatics, Mother Herbs (P) Ltd, Visagenics and Premium Essential Oils. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• Berjé Inc.
• De Monchy Aromatics
• Mother Herbs (P) Ltd
• Visagenics Premium Essential Oils
• G. Industries
• firmenich sa
• Floral Essential Oil
• SVA Organics.

Segmental Analysis
Market Segment By Nature
• Organic
• Conventional
Market Segment By Application
• Aromatherapy
• Cosmetics And Personal Care
• Flavor And Fragrances
• Others
Market Segment By Distribution Channel
• Specialty Stores
• Online Retail
• B2B Sales
• Hypermarkets And Supermarkets

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Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)

Reasons to Buy this Report:
• Comprehensive insights.
• Reliable and accurate data.
• Market size and dataforecast
• Competitive analysis.
• Identification of market opportunities.
• Risk identification and mitigation strategies.
• SWOT analysis.
• TAM Analysis
• Recent industry developments.
• Customization options.
• Expertise and guidance for strategic decision-making

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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.

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